Equity

iShares Developed World Index Fund (IE)

  • NAV as of 21/Nov/2024 SGD 15.28
    52 WK: 11.98 - 15.33
  • 1 Day NAV Change as of 21/Nov/2024 0.08 (0.54%)

Overview

Investment Approach


The Fund aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the developed world equity markets.

The Fund is passively managed and invests so far as possible and practicable in equity securities (e.g. shares) that make up the MSCI World Index, the Fund’s benchmark index.

The benchmark index measures the performance of the equity market of the developed markets globally and is a free float-adjusted market capitalisation weighted index. Free float-adjusted means that only shares readily available in the market rather than all of a company’s issued shares are used in calculating the benchmark index. Free float-adjusted market capitalisation is the share price of a company multiplied by the number of shares readily available in the market. As at the end of November 2018, the benchmark index consists of the following 23 developed market country indices: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Israel, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and the United States.

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way.
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Performance

Performance

Chart

View full chart
Source: For UK-domiciled funds (such as the BlackRock Retail Authorised Unit Trusts and BlackRock Collective Investment Funds 'BCIF'), performance is shown on a bid to bid price basis, with net income reinvested, in the currency indicated on the chart. Performance is shown net of fees. For Luxembourg-domiciled funds (such as BlackRock Global Funds 'BGF' and BlackRock Strategic Funds 'BSF'), performance is shown on a net asset value basis, with gross income reinvested, in the currency indicated in the chart. Performance is shown net of fees. Past performance is not a guide to future performance.

This chart shows the fund's performance as the percentage loss or gain per year over the last 1 years.

  2019 2020 2021 2022 2023
Total Return (%) 21.8
Benchmark (%) 21.7

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  From
30-Sept-2019
To
30-Sept-2020 		From
30-Sept-2020
To
30-Sept-2021 		From
30-Sept-2021
To
30-Sept-2022 		From
30-Sept-2022
To
30-Sept-2023 		From
30-Sept-2023
To
30-Sept-2024
Total Return (%)

as of 30/Sept/2024

- - - 16.09 24.35
Benchmark (%)

as of 30/Sept/2024

- - - 16.00 24.38
  1y 3y 5y 10y Incept.
Total Return (%) 29.04 - - - 19.92
Benchmark (%) 29.08 - - - 19.90
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) 16.81 1.13 1.29 7.76 29.04 - - - 46.00
Benchmark (%) 16.84 1.14 1.32 7.80 29.08 - - - 45.94

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in SGD, hedged share class benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets
as of 21/Nov/2024
SGD 161,547,281
Share Class launch date
30/Sept/2022
Share Class Currency
SGD
Asset Class
Equity
Index Ticker
NDDUWI
Initial Charge
0.00%
Management Fee
0.11%
Performance Fee
0.00%
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
DSCFDSS
Net Assets of Fund
as of 21/Nov/2024
USD 23,312,928,420
Fund Launch Date
15/Apr/2010
Fund Base Currency
USD
Benchmark Index
MSCI World Net TR Index
SFDR Classification
Other
Ongoing Charges Figures
0.12%
ISIN
IE000NNYZMJ7
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BMTWKD3

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Oct/2024
1408
3y Beta
as of -
-
P/B Ratio
as of 31/Oct/2024
3.47
Standard Deviation (3y)
as of -
-
P/E Ratio
as of 31/Oct/2024
23.68

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Holdings

Holdings

as of 31/Oct/2024
Name Weight (%)
APPLE INC 4.80
NVIDIA CORP 4.76
MICROSOFT CORP 4.19
AMAZON COM INC 2.55
META PLATFORMS INC CLASS A 1.81
Name Weight (%)
ALPHABET INC CLASS A 1.46
ALPHABET INC CLASS C 1.27
BROADCOM INC 1.09
TESLA INC 1.04
ELI LILLY 0.98
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
as of 31/Oct/2024

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class D SGD 15.28 0.08 0.54 21/Nov/2024 15.33 11.98 IE000NNYZMJ7
Class D Hedged EUR 12.90 0.07 0.53 21/Nov/2024 13.01 10.21 IE000M0KK797
Inst EUR 40.65 0.27 0.66 21/Nov/2024 40.65 31.24 IE00B62NV726
Class D Hedged USD 10.16 0.05 0.52 21/Nov/2024 10.24 9.81 IE000GB1R6V7
Inst USD 28.94 0.16 0.57 21/Nov/2024 29.24 23.13 IE00B62NX656
Flex EUR 25.51 0.17 0.66 21/Nov/2024 25.51 19.60 IE00B61MGS68
Flex Hedged SGD 16.78 0.09 0.52 21/Nov/2024 16.92 13.30 IE00BN782T03
Flex USD 45.66 0.26 0.57 21/Nov/2024 46.13 35.93 IE00B616R411
Class D Hedged SGD 12.39 0.06 0.52 21/Nov/2024 12.49 9.83 IE000XUK0R09
Flex Hedged EUR 19.03 0.10 0.53 21/Nov/2024 19.19 15.03 IE00BFZPRS19
Inst GBP 46.04 0.38 0.84 21/Nov/2024 46.04 36.25 IE00B62C5H76
Class D EUR 23.30 0.15 0.66 21/Nov/2024 23.30 17.65 IE00BD0NCM55
Inst Hedged EUR 18.12 0.09 0.53 21/Nov/2024 18.27 14.34 IE00BJ023R69
Inst USD 36.56 0.21 0.57 21/Nov/2024 36.94 28.82 IE00B62WG306
Flex GBP 47.54 0.40 0.84 21/Nov/2024 47.54 37.38 IE00B61BMR49
Class D GBP 22.97 0.19 0.84 21/Nov/2024 22.97 18.08 IE00BD0NCL49
Class D USD 22.51 0.13 0.57 21/Nov/2024 22.75 17.74 IE00BD0NCN62
Inst GBP 31.14 0.26 0.84 21/Nov/2024 31.14 24.87 IE00B62HNT07
Flex Hedged GBP 19.89 0.10 0.53 21/Nov/2024 20.05 15.53 IE00BFZPRR02
Flex EUR 54.07 0.35 0.66 21/Nov/2024 54.07 40.91 IE00B61D1398
Flex GBP 39.26 0.33 0.84 21/Nov/2024 39.26 31.35 IE00B6385520
Inst EUR 49.33 0.32 0.66 21/Nov/2024 49.33 37.38 IE00B62WCL09
Class D Hedged GBP 18.74 0.10 0.53 21/Nov/2024 18.89 14.86 IE00BGL88775

Portfolio Managers

Portfolio Managers

Kieran Doyle
Kieran Doyle
Group Index Equity PM Core DM EMEA
Group Index Equity PM Core DM EMEA

Literature

Literature